The M Core Group has acquired 25 retail parks managed by Mitiska REIM in Romania in a transaction worth almost EUR 219 million. The deal was finalised on 6 December and sees M Core take over a 132,000 sqm retail portfolio from Mitiska REIM, making the group one of the largest owners in the local retail market.
M Core was assisted in the transaction by real estate consultancy iO Partners. PwC Romania assisted the investment fund Mitiska REIM in the sale of its 25 retail parks in Romania to the British group M Core.
“This is the largest single country property transaction since 2023 in Central and Eastern Europe. It thus represents a strong vote of confidence for the Romanian market and confirms M Core’s growing role in the region,” said Andrei Văcaru, Head of Capital
